According to Shimmick's latest financial reports and stock price the company's current Operating Margin is -19.07%. At the end of 2022 the company had an Operating Margin of 0.63%.
Year | Operating Margin | Change |
---|---|---|
2022 | 0.63% | -83.4% |
2021 | 3.79% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.